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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: LzzrdKing who wrote (2601)11/6/1997 1:34:00 PM
From: TATRADER  Read Replies (1) | Respond to of 7396
 
Bought GATE at 2 5/16.....Did not reach my reversal point of 2.00-2.10...O.K. who is the wise guy buying, I know its not NH20 or Lizzard, so that leaves the rest of you...
Had reversal point on FFST pegged at 8.75, but wasn't paying attention to it this morning...Rats....

QGLY, and OCLR, looking decent.........Mark



To: LzzrdKing who wrote (2601)11/6/1997 2:14:00 PM
From: VALUESPEC  Respond to of 7396
 
I bought a lot of PETD today. I am very heavy into it with most bought @ $ 6.375 and as high as $ 6.625. They are growing at a nice pace and until recently had a bad balance sheet. Due to the new offerings (short-term bad for current stockholders) the company should be poised to continue some nicely. I figured PETD @ $ 6.375 was somewhat riskless with a lot of upside potential. Unfortunately, I had to pay up to $ 6.625 for the remainder of my positions, as it took time to liquidate my MIND, KELL, ISTN, and MDCO (most which have had run-ups recently).

I'm now up about 70% (still way down from 160%). I'm hoping this PETD purchase can help me make up some of my lost ground from the crash (it felt like one to me).

I still have some BNGOW and recently bought some RECY which I plan to hold for a while as I believe RECY will probably be in the 20's in a couple years.

Take care !

VALUESPEC



To: LzzrdKing who wrote (2601)11/6/1997 2:19:00 PM
From: VALUESPEC  Respond to of 7396
 
It is my understanding that the techs with foreign exposure are falling below prices one might expect because of the Asian stock market and currency problems. Perhaps that helps explain, in part, CYMI's fall. Also, there are some who believe they are having product problems, if I'm not mistaken.